African markets investment platform Invest Africa and South African financial services firm Absa Group have unveiled a strategic partnership aimed at supporting the development of business and investment across Africa. The collaboration combines Absa’s position as experts in providing a gateway to opportunities in Africa with...
African Development Bank president Akinwumi A. Adesina has reiterated that the fundamentals for strong economic growth are still in place in Africa, despite of the impacts of the COVID-19 pandemic. Adesina was joined last week by several international business executives and representatives of the UK government...
South African newspaper the Sunday Times has published its annual Top 100 Companies of the Year Awards, which has ranked miner DRDGold as the best performing stock on the Johannesburg Stock Exchange (JSE) over the last five years. DRDGold was one of 13 mining companies placed...
US-based Aptive Capital has chosen to invest in three early stage African businesses following an application period for US$10,000 in equity capital from its $1 million portfolio fund. The Africa-focused venture capital firm will invest in digital marketing agency Skyfire Digital, Ugandan Bitcoin payment solution service...
East Africa has emerged as the strongest performing region on the continent for foreign direct investment (FDI), after recording an 82% increase in FDI projects in 2017. EY Global’s 2018 Africa Attractiveness report found that the region accounted for 30% of the continent’s total new FDI...